From a valuation perspective, Schlumberger is currently exchanging hands at a Forward P/E ratio of 12.35. This denotes a discount relative to the industry's average Forward P/E of 13.89. Investors should also note that SLB has a PEG ratio of 9.88 right now. Comparable to the widely accepted...
so it could be truly rewarding if such revisions are tracked for making an investment decision. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions. ...
The sector accounts for 65% of its assets, including companies like Devon Energy, Occidental Petroleum and SLB.“A lot of investors seem to think that energy produced by oil is going to be a thing of the past,” Schwartz says. “I think that’s wishful thinking.” The fund has managed...
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 24, 2024. Brendan McDermid | Reuters Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today.Sign up for freeto receive it...
Rarely did the stock look so interesting in the past as it is now, thanks to the low price and the company’s impressive financials. As per estimates, SLB should gain more than 16% by year-end. The reasonable valuation, when compared to the growing earnings, adds to the stock’s appeal...
“From now on we have second-tier [deals] within the oil-and-gas industry — Diamondback, Devon Energy, Occidental Petroleum, Targa Resources, Williams Co.,” all of which could be potential takeover targets, he said. On the services side, he said that Schlumberger Ltd...
Hi all! In MM03 (material master view), Accounting tab, there is field Total stock amount (MBEW-LBKUM). As I know, it is just a summation of fields from other tables,
Product Description CMA130 3DDE300410 CMA120 3DDE300400 CMA112 3DDE300013 Display Front Panel SYNPOL D DISPLAY 4IN X 7IN X 1IN In Stock CMA130 3DDE300410 The 3DDE300410 (3DDE 300 410) CMA 130 Synpol D Inverter Power Board (3DDE 300 410) ...
Valuation is also important, so investors should note that SLB has a Forward P/E ratio of 21.5 right now. For comparison, its industry has an average Forward P/E of 29.61, which means SLB is trading at a discount to the group.
that lower oil prices could boost the U.S. economy, helping manufacturers output more with reduced costs. For investors, it is true that energy stocks, particularly those of U.S. shale producers, will be hit hard. ButExxon Mobil(NYSE:XOM) andSchlumberger(NYSE:SLB) aren’t disappearing ...